As Bitcoin (BTC) continues to trade within striking distance of its all-time high (ATH), a noticeable shift is underway in the cryptocurrency’s Realized Dominance metric, reflecting changes in behavior between short-term holders (STH) and long-term holders (LTH).
Bitcoin Realized Dominance Shows Shift In Market Sentiment
According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk, the latest trend in BTC’s Realized Dominance metric highlights a significant shift in overall market structure and sentiment.
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For the uninitiated, the Bitcoin Realized Dominance metric tracks how much of the realized cap is held by STH vs LTH. A rising LTH cohort share signals strong conviction and maturing supply, while a falling STH share suggests reduced speculation or loss-taking.
The latest on-chain data shows that STH Realized Cap has
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